Bridgewater’s Dalio sees US divided, in ‘dire financial situation’

Bridgewater's Dalio sees US divided, in 'dire financial situation'

REUTERS: Ray Dalio, Founder of Bridgewater Associates, wrote on Twitter Sunday that the United States is still in a “terrible financial situation” and remains “terribly divided”, but added that he liked what he had heard from President Joe Biden during his inauguration.

The hedge fund billionaire wrote that the question was whether the president and the two parties in Congress would work together “for a peace and prosperity that fills the great gaps in wealth, values ​​and opportunity that we see today.”

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Dalio has previously criticized the widening wealth gap and underinvestment in public education in the United States, which he linked to lower high school graduation rates, to a greater disparity in test scores and lower teacher pay.

Via: www.channelnewsasia.com

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